What finally triggered the purchase is an electronic project. I want to convert a 50Ω system to 75ΩΩ. That can be done with a 1/4 wave impedance transformer, which is a short length of coax. I'm building the coax with a copper tube with a 0.450" ID and a copper wire with a 0.162" OD, an important ratio. Also the length is critical.
I'm not a machinist, but I did take machine shop in a high school that was outfitted with a wonderfully equipped machine shop, everything you would expect in a commercial machine shop. (yes, 53 yrs ago

Then I had several jobs, mostly electronic related where we had a lathe or more as ancillary equipment for making some parts.
AI enabled, nope I didn't even spring for the DRO (Digital Readout), Even though it was a BTD situation I didn't feel the extra cost of a DRO was worth it. I doubt I will ever get $3500 worth of work out of it, however when you need a certain tool, you need it. I have tried turning an item on my milling machine with limited success. (A vise is a poor tool holder)
Here's a picture of my milling machine. Oh, I have a drill press too!
And last, 'Not for Hire!'